Page 413 - Encyclopedia of Business and Finance
P. 413

eobf_I  7/5/06  3:04 PM  Page 390


             Information Technology


             need for complex programming characterize the fifth gen-  • Byte: most commonly comprised of 8 bits (combina-
             eration of computers, still in the experimental stage.  tions of 0s and 1s)
                                                               • Kilobyte: 1,024 bytes
             INFORMATION TECHNOLOGY
                                                               • Megabyte: 1,024 kilobytes or 1 million bytes
             PHASES
                                                               • Gigabyte: 1,024 megabytes or 1 billion bytes
             Information processing involves five phases: input,
             process, output, storage, and retrieval. Each of these  • Terabyte: 1,024 gigabytes or 1 trillion bytes
             phases and the devices associated with each are discussed
                                                              Devices used to store data include floppy disks, hard disks,
             below.
                                                              compact disks (both read-only and disk-recordable),
                                                              tapes, PC cards, smart cards, microfilm, and microfiche.
             Input. Input refers to information or stimulus that enters
                                                              Portable drives (flash drive/jump drive) can also serve as
             a system. Input can include commands entered from the
                                                              storage devices.
             keyboard to data from another computer. Input devices
             include the keyboard, pointing devices (such as mouses),
                                                              Retrieval. Retrieval is the ability to search for and locate
             scanners and reading devices, digital cameras, audio and
                                                              information that has been stored. The information can be
             video input devices, and input devices for physically chal-
                                                              text, sound, images, or data. Information retrieved may
             lenged users. Input devices are used to capture data at the  include documents, information within documents, and
             earliest possible point in the workflow, so that the data are
                                                              information within a stand-alone database or hyperlinked
             accurate and readily available for processing.
                                                              database such as the Internet or intranets.
                                                                 IT drives the educational, business, medical, and mil-
             Processing. Processing occurs after data have been entered
                                                              itary worlds. As such, it is imperative that the relationship
             into the computer.  When data are processed, they are
                                                              between and among the phases of IT work seamlessly to
             transformed from raw facts into meaningful information.
                                                              input, process, display (output), store, and retrieve data.
             A variety of processes may be performed on the data, such
                                                              Continuous research and development is needed to meet
             as adding, subtracting, dividing, multiplying, sorting,
                                                              the future needs of the world.
             organizing, formatting, comparing, graphing, and sum-
             marizing. Data processing includes the input, verification,
             organization, storage, retrieval, transformation, and  THE FUTURE OF INFORMATION
             extraction of information from data. Processing can also  TECHNOLOGY
             include the execution of a program.              The future of IT is promising. People use computers in
                                                              new ways every day. Computers are increasingly afford-
             Output. Output is information that comes out of a com-  able, more powerful, and easier to use. Communication
             puter. Four common types of output are text, graphics,  needs will continue to grow; the functions of e-mail,
             audio, and video. After the information has been  instant messaging, Weblogs, and wireless communications
             processed, it can be listened to through speakers or a head-  will improve as the demands of informational society
             set, printed onto paper, or displayed on a monitor. An  increase. Daily tasks will continue to be enhanced as more
             output device is any computer component capable of con-  people use Web-based technologies.
             veying information to a user. Commonly used output  Potential problems concerning IT center on its deli-
             devices include display devices, printers, speakers, head-  cate infrastructure. Educational, business, and military
             sets, data projectors, fax machines, and multifunction  systems are mindful of the underlying foundation neces-
             devices. A multifunction device is a single piece of equip-  sary to support its respective communities. In fact,
             ment that looks like a copy machine but provides the  researchers are already hard at work exploring possible
             functionality of a printer, scanner, copy machine, and per-  solutions to the infrastructure concerns. One solution
             haps a fax machine.                              offered is the creation of a “mobile Internet.” Another
                                                              possible solution is the automation of data integration.
             Storage.  Storage refers to a variety of techniques and  What will the future hold for IT? While questions
             devices that retain data. Storage devices preserve items  exist, one thing is certain: IT will continue to grow and
             such as data, instructions, and information for retrieval  adapt making life more enjoyable and efficient.
             and future use. Storage is measured in a hierarchy of bytes.
                                                              SEE ALSO Hardware; Information Processing; Information
              • Bit: single unit of data coded in binary form (0 or 1)  Technology; Office Technology


             390                                 ENCYCLOPEDIA OF BUSINESS AND FINANCE, SECOND EDITION
   408   409   410   411   412   413   414   415   416   417   418